summary
Introduced
01/08/2025
01/08/2025
In Committee
01/08/2025
01/08/2025
Crossed Over
Passed
Dead
04/08/2025
04/08/2025
Introduced Session
2025 Regular Session
Bill Summary
Allowing a subtraction modification under the Maryland income tax for child support payments made by an individual during the taxable year that are paid to another person on behalf of the individual's child and required by a court order issued by any state; and applying the Act to all taxable years beginning after December 31, 2024.
AI Summary
This bill modifies Maryland state income tax law by allowing taxpayers to subtract child support payments from their federal adjusted gross income when calculating their Maryland adjusted gross income. Specifically, the bill permits individuals to deduct the total amount of child support payments they made during the tax year, provided those payments are made on behalf of their child and are required by a court order from any state. This means that parents who pay court-ordered child support can now reduce their taxable income in Maryland, potentially lowering their overall tax liability. The new provision will take effect on July 1, 2025, and will apply to all tax years beginning after December 31, 2024, giving taxpayers a new tax benefit for supporting their children financially through court-ordered child support payments.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Withdrawn by Sponsor (on 03/12/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0149?ys=2025RS |
| Vote Image | https://mgaleg.maryland.gov/2025RS/votes_comm/hb0149_w&m.pdf |
| BillText | https://mgaleg.maryland.gov/2025RS/bills/hb/hb0149f.pdf |
Loading...